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Source: Live Mint The Securities and Exchange Board of India (Sebi) on Wednesday floated a consultation paper, proposing changes to the rules regarding advance fees charged by investment advisers (IAs) and research analysts (RAs). The market regulator’s proposal seeks to reassess the period for which these professionals can collect advance fees from their clients, with…
Source: Live Mint Nithin Kamath, co-founder and CEO of Zerodha, has raised concerns about a surge in cyber frauds targeting investors through fake trading apps. His cautionary message comes after a Bengaluru tech professional lost nearly ₹91 lakh in a recent scam. Addressing the growing threat, Zerodha CEO Nithin Kamath, revealed that scammers have siphoned…
Source: Live Mint The central recommendation is a 30-day window for deploying these funds in line with the asset allocation specified in the scheme. Sebi’s push for this timely deployment of NFO funds aims to protect investors from prolonged market exposure delays and ensure their money is actively invested as intended. The current regulatory framework,…
Source: Live Mint AIFs include private equity, venture capital and hedge funds, besides other privately pooled instruments that invest in real estate to commodities. Such investments usually carry higher risk and are targeted at high-net-worth or wealthy investors. Also read | Prop, retail see decline in F&O turnover ahead of Sebi curbs taking effect The…
